JG44, an acquisition vehicle wholly owned by a JGIA-managed fund, will launch a ¥2,110-per-share tender offer for HYUGA PRIMARY CARE Co., Ltd. (7133) as part of a management buyout to take the company private.

City Index Fifth said on Sept. 25 it will launch a tender offer for Sankei Real Estate Inc. (2972) at ¥125,000 per unit from Sept. 28 to Nov. 10, aiming to take the REIT private, and the REIT's board endorsed the offer while leaving the decision to tender to unitholders.

Sakurai Seisakusho (7255) said on Sept. 25 its common shares will be delisted from the Tokyo Stock Exchange's Standard Market on Oct. 1, 2026, with Sept. 30 the last trading day, after which the shares can change hands only through private, negotiated transactions.

CUC Inc. (9158) said on Sept. 25, 2026 it agreed with JG44 not to tender any of its 840,000 shares in HYUGA PRIMARY CARE (7133) into JG44's tender offer, and will instead end up holding 11.09% of JG44's voting rights to keep an indirect stake in HYUGA.

A management buyout tender offer for Digital Hearts Holdings Co., Ltd. (3676) by Sandbox Co. has succeeded, with 11,187,236 shares tendered against a minimum of 5,922,743, leaving the buyer set to hold 50.17% of voting rights from Sept. 30, the company said on Sept. 25, 2026.

PRAP Japan (2449) said its board on Sept. 25, 2026 approved absorbing wholly owned subsidiary Precision Marketing effective Dec. 1, 2026, a merger that will generate an extraordinary loss of an amount not yet determined in its non-consolidated accounts.

Oricon Inc. (4800) said on Sept. 25 its common shares will be delisted from the Tokyo Stock Exchange's Standard Market on Sept. 28, 2026, after shareholders approved a share consolidation at an extraordinary general meeting on Sept. 7.

Nippon Sheet Glass Co. (5202) said its shares will be delisted from the Tokyo Stock Exchange's Prime Market on Sept. 28, 2026, after payment was completed for a third-party share allotment to a special purpose company held by Apollo-advised funds and all procedures for a share consolidation were finalized.

Nikke (3201) said on Sept. 25, 2026 its board approved a merger in which wholly owned subsidiary Nakahiro Co. will absorb Akatsuki Shoji Co. and Sato Sangyo Co. effective Dec. 1, 2026, with Nakahiro renamed Nikke Mate Co. on the same date.

Yamadai (7426) said its shares will be delisted from the Tokyo Stock Exchange's Standard Market on Sept. 28, 2026, after shareholders approved a share consolidation.

Hokkaido Denryoku (9509) on Sept. 25 raised its consolidated net profit forecast for the fiscal year ending March 2027 by 50.0% to ¥33.0 billion, up from the ¥22.0 billion it projected on July 30.

Awa Ginko (8388) on Sept. 25 raised its net profit forecast for the fiscal year ending March 2027 by 13.6% to ¥20.0 billion from ¥17.6 billion, and lifted its year-end dividend forecast to ¥22 per share from ¥18 on a post-split basis.

The Toho Bank, Ltd. (8346) on Sept. 25 raised its consolidated net profit forecast for the fiscal year ending March 2027 to ¥16.0 billion from ¥13.0 billion, and lifted its annual dividend forecast to ¥26 per share from ¥21.

Moritec Steel Co., Ltd. (5986) on Sept. 25 raised its full-year net profit forecast to ¥1.01 billion from ¥500 million, a 102.0% increase, as it expects to book a gain of about ¥747 million on the sale of investment securities.

Hokushin Co., Ltd. (7897) on Sept. 25 raised its first-half forecast, now projecting a non-consolidated operating profit of ¥170 million instead of a ¥100 million loss, and net income of ¥110 million versus a previously expected ¥120 million loss.

Teitsu Co., Ltd. (7610) on Sept. 25, 2026 raised its consolidated net profit forecast for the fiscal year ending Feb. 28, 2027 to ¥1.0 billion from ¥800 million, and lifted its net sales outlook to ¥43.5 billion.

Daiichi Co. (7643) on Sept. 25 cut its net profit forecast for the year ending September 2026 by 83.3% to ¥200 million from ¥1.2 billion, as it books a ¥1,326 million impairment loss on its Chitose store.

Cypress Holdings (428A) raised its consolidated forecast for net profit attributable to owners of the parent for the fiscal year ended Aug. 31, 2026, by 51.0% to ¥785 million from ¥520 million, as the recognition of deferred tax assets is expected to generate an income tax adjustment gain of about ¥240 million.

Japanese supermarket operator Okuwa Co., Ltd. (8217) on Sept. 25 cut its consolidated net profit forecast for the fiscal year ending February 2027 by 92.3% to ¥50 million from ¥650 million, and now expects a first-half operating loss of ¥57 million.

San ju San Financial Group (7322) raised its full-year net profit forecast for the fiscal year ending March 2027 to ¥17.0 billion from ¥15.0 billion and increased its planned year-end dividend to ¥28 per share from ¥22, bringing the annual payout to ¥50.